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dandelion

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Affordable residential geothermal heating and cooling systems

Denver, United StatesFounded 2014eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2020
Total funding $10–50M Disclosed equity funding
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About dandelion

Dandelion Energy is a geothermal company that provides alternative heating and cooling solutions for residential properties. The company originated in 2017 as a spinout from X, Alphabet's innovation lab (formerly Google X). It was co-founded by Kathy Hannun, who served as the initial CEO, and James Quazi. Hannun was a Rapid Evaluator at Google X, where she began developing the concept to make geothermal energy more affordable.

Dandelion's business model focuses on making geothermal heating and cooling systems more accessible and cost-effective for homeowners. The company serves the residential market, initially launching in New York and later expanding to other areas in the Northeastern United States, including Connecticut. Its primary customers are homeowners using expensive fossil fuels like fuel oil or propane. Revenue is generated through the installation of its systems, with financing options available that allow homeowners to pay for the system over time, often with no upfront cost. This model, combined with federal and state incentives, aims to make the monthly cost lower than traditional heating and cooling expenses.

The core product is the Dandelion Air, an all-in-one system that replaces a home's furnace and air conditioner. It utilizes ground loops, which are pipes installed underground in a homeowner's yard, to circulate a fluid that absorbs heat from the earth in the winter and disperses heat from the home into the ground in the summer. This process is powered by a geothermal heat pump. The company has developed proprietary drilling technology to reduce the cost, space, and damage associated with installation. The system can reduce a home's carbon emissions by up to 80% and cut heating and cooling costs significantly.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2014
Headquarters
Denver, United States
Open positions
None listed
Dealroom signal
54.8/100
Industry
Marketing
Sub-industry
Adtech
Sector
eCommerce & Marketplaces, Adtech, SaaS, Advertising, Commerce, Platform, Database, Software
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2020 $12M $48M Comcast Ventures · Collaborative Fund —
SERIES A✓Equity / VC Feb 2019 $16M $64M NEA · Collaborative Fund · ZhenFund · GV —
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Growth signals

dandelion website traffic

Latest recorded traffic for dandelion is 0 monthly website visits.

Latest monthly visits0
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Krish Arvapally
  • Dan Goikhman

Series A5 investors entered at this stage

Other known investors1 additional known investor

  • Metric Collective
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Denver HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about dandelion on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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